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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: Bill Harmond who wrote (3049)11/21/1997 2:25:00 AM
From: Bill Wexler   of 27307
 
You're right.

Last quarter Yahoo posted $200,000 in operating earnings. However, I'm not convinced that the revenue accounting wasn't goosed.

They also made about a million bucks in interest.

Someday, they may actually make more in operating earnings than in interest. Let's see...if they ever report operating earnings of $1 million, then according to the "hyper-growth" theory, they should trade at 5x the market cap when they reported $200,000. Therefore Yahoo will be a $13 BILLION company. And just think...if they report $15 million in a quarter, they'll be worth about as much as Microsoft and General Electric.
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